GoMining introduces GoBTC Pay: a new standard for Bitcoin network settlements for businesses
Mining company GoMining has launched a new payment tool on the market — the GoBTC Pay platform, aimed at simplifying Bitcoin acceptance for businesses. The solution automates the conversion of incoming funds into fiat currencies or stablecoins, relieving companies of the need to manage cryptocurrency infrastructure.
Technological Foundation of GoBTC Pay
The key feature of the service is the use of GoMining's private mempool, built on the Stratum V2 protocol. This ensures priority processing of platform client transactions. According to the developers, the average settlement time is about 12 hours — an indicator that allows integrating Bitcoin into real business processes without the delays typical of public networks during periods of high load.
Integration into the Ecosystem
GoBTC Pay fits seamlessly into the GoMining ecosystem, which previously specialized in mining services. Now the company offers not only mining but also a full cycle of Bitcoin usage: from generation to instant settlements. Users can choose the format for receiving revenue — BTC, USDT, or national currencies.
Competitive Landscape
The crypto payments market remains one of the most dynamic segments. In addition to specialized processing services, traditional providers are actively implementing their own solutions. For example, in October 2025, Block launched zero-fee Bitcoin payments for businesses via Square. GoMining is betting on vertical integration and control over settlement infrastructure, which could become their competitive advantage.
My professional opinion: The launch of GoBTC Pay is a logical step for a mining company seeking to diversify its revenue. However, the success of the solution will depend on the actual transaction processing speed and the attractiveness of fee conditions for merchants. In the face of fierce competition with giants like Block, GoMining will need to prove to businesses that their proprietary mempool truly provides better settlement times without compromising security.